On August 14, Fujifilm Holdings reported financial results for the first quarter of fiscal 2017. The quarter follows a rough 2016. While Fujifilm’s revenue shrank and its operating income decreased modestly in 2016, the big story last fiscal year was the accounting scandal related to the firm’s Fuji Xerox New Zealand and Australia subsidiaries (see

It has taken months of work, but PriceWaterhouseCoopers Aarata LLC (PwC) has finally signed off on Toshiba Corporation’s financial results for fiscal 2016 and the first quarter of fiscal 2017. This means that Toshiba has most likely avoided being delisted from the Tokyo Stock Exchange—for now. Toshiba’s shares have already been demoted to the second section

On August 8, Toshiba Tec reported its financial results for the first quarter of fiscal 2017. The news comes as the owner of the majority of Toshiba Tec’s shares, Toshiba Corporation, has been working with its auditor to get it to sign off on Toshiba’s fiscal 2016 results at long last. Toshiba Corporation estimates it

On August 4, Brother Industries, Ltd. reported its financial results for the first quarter of fiscal 2017, which ended on June 30, 2017. Fiscal 2016 was tough for many Japanese printer/copier OEMs due to the yen’s appreciation and declines in key business segments; however, Brother ended fiscal 2016 better positioned than many by posting a

On August 1, Konica Minolta Business Solutions U.S.A. announced the acquisition of Muratec America, Inc. Konica Minolta Business Solutions U.S.A. is the U.S. sales and marketing arm for global printer/MFP hardware OEM Konica Minolta Inc. Konica Minolta Business Solutions U.S.A. has about 8,000 employees in the United States, while its parent had nearly 44,000 employees

On August 1, Xerox announced its financial results for the second quarter of 2017. Essentially, the company delivered more of the same: revenue and earnings per share (EPS) declined year-over-year, while the company was able to post improved gross and adjusted operating margins. We have been anxious to see if the biggest product launch in

On July 14, Ninestar Corporation announced plans for a non-public offering of company shares. The goal is to raise millions that the company will then invest in some new projects, including setting up some new businesses in the United States. According to a filing with the Shenzhen stock exchange, Ninestar intends to offer 51,640,230 non-public

On July 28, OKI Electric Industry Co., Ltd. posted its financial results for the first quarter of the fiscal year that will end on March 31, 2018. The year that ended in March 2017 was a difficult one for OKI as the company’s sales shrank and income fell sharply (see “OKI Finishes a Challenging Fiscal

On July 28, Ricoh Company announced its financial results for the first quarter of the fiscal year that will end on March 31, 2018. Ricoh would very much like its first quarter to mark a fresh start, its first step on its path to a turnaround. As the yen weakened slightly compared to last year

On July 28, Konica Minolta reported financial results for the first quarter of 2017. Konica Minolta had a downbeat fiscal 2016 in which company revenue and profits declined, and the company said it expected to see modest revenue growth but continued profit declines in fiscal 2017 (see “Konica Minolta Posts Revenue and Profit Declines, Misses